Click through rate prediction system and method
a prediction system and click through rate technology, applied in the field of online document and ecommerce systems and methods, can solve the problems of low shelf life and become problemati
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[0106]The inventors built a CTR model using 21 days (average shelf-life of a job) of data for all computations. Training data were provided for about 40,000 jobs by considering click data from February 16 to March 7 and predicted CTR of March 8. 80% of the data were used for training and 20% were used for validation. The CTR was estimated using regression. The problem was treated as a classification problem by dividing the range between 0 to 1 into 1000 parts (to achieve a 3 point precision in the predicted CTR).
[0107]The methods and systems described herein can be extended to other applications by choosing an appropriate set of features and learning models using logs from respective domains. As times change, different locations become less attractive for jobs, different categories become more popular and so on. Factors change and models will start drifting. Depending on the costs of acquisition of feature values and time required to build the training model, we can decide the frequ...
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